ProbabilityZero
Senior Member
- Joined
- Aug 12, 2013
- Location
- Onmybutt
I understand totally where Jon is coming from.
I'm too tired to go into deep explanation but I believe a simple analogy follows:
If you flip a coin it can have two outcomes.... Heads or tails.
Each flip has equal chance of either occurring.
After a 1000 spins you would expect rough equality although due to nature of randomness it probably won't be 500/500.
Change the analogy to win/lose.
On a 96%RTP slot you expect to have more losing sessions than winning sessions (house edge) but just like you don't expect to get heads on every flip of coin you do expect not to lose most of the time.
Before you say Jon was in profit in previous years im sure he had losing sessions but showed an overall profit. Where his and others' scepticism derives is the increased quantity of losing sessions.
Or are we all just unlucky
I'm too tired to go into deep explanation but I believe a simple analogy follows:
If you flip a coin it can have two outcomes.... Heads or tails.
Each flip has equal chance of either occurring.
After a 1000 spins you would expect rough equality although due to nature of randomness it probably won't be 500/500.
Change the analogy to win/lose.
On a 96%RTP slot you expect to have more losing sessions than winning sessions (house edge) but just like you don't expect to get heads on every flip of coin you do expect not to lose most of the time.
Before you say Jon was in profit in previous years im sure he had losing sessions but showed an overall profit. Where his and others' scepticism derives is the increased quantity of losing sessions.
Or are we all just unlucky